The Average Profit Per Unit for Product a Is $5

question 125

Short Answer

The average profit per unit for Product A is $5.32,Product B is $7.98,and Product C is $9.69.If the percentages of each sold are 36,29,and 35 respectively,what is the weighted mean profit per unit?

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Definitions:

Provincial Tax Rates

The income tax rates levied by a province on individuals and businesses, which vary depending on the province and income level.

Average Provincial Tax Rate

The Average Provincial Tax Rate is the average rate of tax imposed by a province on income, which can vary depending on the income level and specific province.

Average Tax Rate

The ratio of total taxes paid to total income, representing the percentage of income paid in taxes.

Capital Gains

The profit earned from the sale of an asset that has increased in value over the holding period, subject to taxation.